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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Comment by jvtayon Feb 18, 2010 12:09pm
232 Views
Post# 16795790

RE: We've Got Support

RE: We've Got SupportWell, eze, you may be right...and I'm sitting in a nice place right now.   I wouldn't mind if we'd get a new set of dumps to take sp down into the $.40s as I have stink bids sitting waiting down there.   But I've taken full advantage of this takedown, so if we start heading back up, I'm good with that, too.   What really amazes me, and what I was not at all expecting, is all this activity before we get the first drill results!!   I had a whole set of stink bids in, every one of which was filled and then some, but they were only there IN CASE WE HAD "BAD" DRILL RESULTS!!!   And the only data we've had from the drilling was excellent geologic information...exactly what we were hoping to read...go figure.  

What we have here in EC, IMO, is gonna be major bull market of its own, and like all market bulls, it does its best to throw off as many riders as possible...the ones that hang on to the end make the most money...and I for one intend to ride it as long as possible...jt

$^)
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